US: ATF misplaced 420 million cigarettes in stings

WASHINGTON — Government agents acting without authorization conducted dozens of undercover investigations of illegal tobacco sales, misused some of $162 million in profits from the stings and lost track of at least 420 million cigarettes, the Justice...

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IHS study puts iPhone 5S production costs at $191

NEW YORK — While the iPhone 5S includes a handful of new features that set it apart from Apple's previous model, the actual cost to make the phone hasn't changed very much, according to a new study. An IHS Inc. teardown of the new smartphone found that...

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US borrowing authority to be exhausted by Oct. 17

WASHINGTON — Treasury Secretary Jacob Lew said Wednesday the government will have exhausted its borrowing authority by Oct. 17, leaving the United States just $30 billion cash on hand to pay its bills. That's a slightly worse financial position than...

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Egypt shutters offices of Brotherhood newspaper

CAIRO — Egyptian security forces on Wednesday shuttered the office of the newspaper of the Muslim Brotherhood's political party and confiscated furniture and documents, journalists from the Freedom and Justice daily said. In a statement Wednesday, the...

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USPS seeks increase in cost of stamps, to 49 cents

WASHINGTON — It soon could cost 49 cents to mail a letter. The postal Board of Governors said Wednesday it wants to raise the price of a first-class stamp by 3 cents, citing the agency's "precarious financial condition" and the uncertain prospects for...

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Governor signs bill hiking California minimum wage

LOS ANGELES — Gov. Jerry Brown has put his signature on a bill that will hike California's minimum wage to $10 an hour within three years. The legislation signed Wednesday will raise the current minimum of $8 an hour to $9 on July 1, 2014, and then...

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Amazon unveils Kindle Fire HDX with 24/7 live help

SEATTLE — Amazon is refreshing its lineup of tablet computers with new devices called Kindle Fire HDX, which are significantly faster and lighter than the previous generation. The 7-inch and 8.9-inch versions also have sharper, more colorful displays...

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Cruz ends talkathon, Senate heads toward vote

WASHINGTON — Tea party conservative Sen. Ted Cruz ended his all-night talkathon to dismantle President Barack Obama's health care law after 21 hours and 19 minutes as the Senate pushed ahead to a test vote Wednesday on a bill to avert a government shutdown....

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Broker ICAP paying $87M to settle LIBOR charges

WASHINGTON — Britain's ICAP PLC has agreed to pay about $87 million to settle U.S. and U.K charges of manipulating a key global interest rate, the fourth financial firm sanctioned in the international rate-rigging scandal. The U.S. Commodity Futures...

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Survey: 15 percent of Americans don't go online

NEW YORK — The Internet has become so entwined in their lives that many Americans might have trouble coping without it. But a new survey found that some 15 percent of Americans — about 1 in 7 — don't use the Internet at all. Most of them prefer it that...

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